Company Insurance That's a big problem You have to do this Anand Srinivasan gives the alert

Compulsory Insurance in the Modern Work Environment: Anand Srinivasan's Vital Points

CHENNAI: Anand Srinivasan has made some important points regarding the compulsory insurance that everyone should take when it is now mandatory to sit and work for many hours.

Impact of Prolonged Sitting on Health: Anand Srinivasan's Insights

In this modern world we have to sit and work for long periods of time. Starting in IT, many jobs involve sitting at least 8 to 10 hours at a time. This causes many effects on the body.

The Rising Need for Medical Insurance: Anand Srinivasan's Take

Especially in the absence of any physical activity, many types of damage, starting with heart damage, which used to be rare, have become more common. Now that hospitals are mostly privatized, a single visit costs lakhs.

Understanding the Importance of Insurance: Anand Srinivasan's Perspective

Insurance: This makes medical insurance very mandatory these days. Meanwhile, Anand Srinivasan has explained in a video about who should take insurance and those who are abroad should take insurance. He also explained whether employees working in corporate companies should take insurance now that most of the companies have insurance.

Insurance Beyond Corporate Plans: Anand Srinivasan's Recommendations

In this regard, he said, "There is corporate insurance.. then some people will ask why I should take medical insurance.. that is wrong.. because corporate insurance is not available to us after retirement.. Similarly in our town it is difficult for anyone above 50 years to get insurance.. So, taking a separate insurance at the age of 40 is right even if you work in a corporate company.

Critical Role of Insurance in Mitigating Health Expenses: Anand Srinivasan's Opinion

Anand Srinivasan: Even a simple heart bypass now costs at least Rs. It costs up to 7 lakhs. If something happens to us and we are admitted to the hospital.. all the family members will suffer.. that is all true.. but at least they will not suffer for money.. they will not wander for it. Some people also ask if expats should take insurance here. There are two of them. Those who first went to America or Europe would settle there. They will have insurance there.

Foreigners: On the other hand, those who do not have a permanent residence permit in Saudi Arabia, Arab countries, Singapore, etc.. They have insurance until they work there.. If they come here after work, there is no insurance. When you retire from work at the age of 60, you will need insurance.. then we will not be able to buy insurance here. So if people from Arab countries come and settle in India in recent times they should also take medical insurance.. The younger they take it.. the better it is when they come. In short, whether it's corporate insurance or those working abroad who are coming to India in recent times, it is necessary for them to take insurance. Insurance is as important as investment," he said.

FAQs

Rights of Consumer

What are my rights as a consumer when it comes to health insurance?
- You have the right to be informed about your health insurance coverage, including the premiums, deductibles, and copays.
- You have the right to choose your own health care providers.
- You have the right to appeal a denial of coverage.
- You have the right to privacy and confidentiality of your health information.

Company Insurance After Resignation

What happens to my company insurance when I resign?
- If you are covered by your employer's health insurance plan, you may be able to continue your coverage under COBRA. COBRA allows you to continue your coverage for up to 18 months after you leave your job, but you will have to pay the full premium for the coverage.
- You may also be able to get health insurance through your spouse's employer, the Health Insurance Marketplace, or Medicaid.

Company Insurance Benefits

What are the benefits of company insurance?
- Company insurance can provide you with comprehensive health coverage, including medical, dental, and vision insurance.
- It can also provide you with other benefits, such as life insurance, disability insurance, and retirement savings plans.
- Company insurance can be a valuable way to protect your health and financial security.

Company Insurance for Employees

Why do employers offer company insurance?

Employers offer company insurance as a way to attract and retain employees. It can also help them to reduce their liability for health care costs.
Company insurance can be a valuable benefit for employees, as it can help them to save money on their health care costs.